😲🔥Bill Miller IV praises Bitcoin and MicroStrategy: We are at the beginning of the rise
Bill Miller IV, the son of legendary investor Bill Miller and CIO of investment management company Miller Value Partners, stated that MicroStrategy is the company's most held stock, while noting that there are many more ways to rise in both the MSTR stock and Bitcoin.
"The stock we hold the most is MicroStrategy”
Stating that he has the most shares of MicroStrategy company in his hands, Miller drew attention to Michael Saylor's vision and said that the company has taken the issue of returns to a completely different level with its Bitcoin policy:
"MicroStrategy company is, I would say, the largest stock that our company holds. We keep MSTR at a rate of 14.5 percent. And he still has a very serious path ahead of him that he can go. Bitcoin is the same way. Michael Saylor's vision here and the idea of buying as much Bitcoin as possible have added a new perspective to yield strategies.
We are in the early stages of giant ascents”
Stating that the world is now in a period when capital is digitalized and saying that we are in the beginning stages of very big rises, Miller also emphasized the realized market value of Bitcoin, also known as the “realized cap.”:
"Obviously, we are currently in the early stages of a period when capital is being re-priced. Capital is now becoming digital. The realized market value is different from the known market value of Bitcoin. It is calculated according to the average of the last coins traded in #Bitcoin And currently, the average of the last Bitcoins traded is at 24 thousand dollars. In other words, the average Bitcoin investor makes a profit of 150%. Which means that 500 billion dollars of fiat money has been transferred to Bitcoin... repriced. There is a capital of hundreds of trillion dollars, and at the moment we are seeing only 500 billion dollars of Bitcoin being repriced. We have a prize half-way in front of us. For this reason, we expect very serious increases.
